FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, February 14 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9885 down 0.0018 Chicago corn closed lower. MAR11 HI 7.10 1/2 DEC11 HI 6.21 3/4 LOW 6.95 LOW 6.06 3/4 CLOSE6.95 3/4 Down 10 3/4 CLOSE 6.07 1/2 Down 10 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAY11+MAY11+JUL11 CK Low -0.90 6.06 238.47 -0.95 5.13 201.76 CK High -0.90 6.06 238.47 -0.95 5.13 201.76 CK Avg -0.90 -0.82 6.06 238.47 -0.95 -0.90 5.13 201.76 Essex Cty -0.90 6.06 238.47 -0.95 5.13 201.76 Mdsx Low -0.90 6.06 238.47 -0.95 5.13 201.76 Mdsx High -0.90 6.06 238.47 -0.95 5.13 201.76 Mdsx Avg -0.90 -0.82 6.06 238.47 -0.95 -0.90 5.13 201.76 Hensall -0.90 6.06 238.47 -0.95 5.13 201.76 Bruce -0.90 6.06 238.47 -0.95 5.13 201.76 Putnam -0.90 6.06 238.47 -0.95 5.13 201.76 Princeton -0.90 6.06 238.47 -0.95 5.13 201.76 Durham -0.95 6.01 236.50 -1.00 5.08 199.79 Norfolk -0.90 6.06 238.47 -0.95 5.13 201.76 Trenton -0.95 6.01 236.50 -0.95 5.13 201.76 Winchester -0.80 6.16 242.41 -0.75 5.33 209.64 North Gower -0.96 6.00 236.11 -1.01 5.07 199.40 Huron FOB -0.90 6.06 238.47 -0.93 5.15 202.55 Kent FOB -0.90 6.06 238.47 -0.95 5.13 201.76 Lamb FOB -0.90 6.06 238.47 -0.95 5.13 201.76 Mdsx FOB -0.90 -0.90 -0.85N/A 6.06 238.47 -0.90 5.18 203.73 FOB SW Que -0.68 6.28 247.13 -0.72 5.36 210.82 Track -0.53 6.43 253.24N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.75 5.33 209.64 Jhnstwn-Eth N/A N/A N/A N/A -0.35 5.73 225.38 Aylmer-Eth N/A -0.95 -0.85N/A N/A Sarn-Eth -0.70 -0.70 -0.70 -0.55 6.26 246.35N/A Cllngwd-Eth -0.80N/A N/A N/A 6.16 242.41-0.70* 5.38 211.60 Kwrth-Eth N/A -0.90N/A N/A N/A London-Cas N/A -0.65 -0.65N/A -0.55 5.53 217.51 Pt.Colb-Cas N/A N/A N/A N/A -0.50 5.58 219.48 Cardnl-Cas N/A N/A N/A N/A -0.45 5.63 221.45 W O Feed -0.54 -0.53 6.42 252.65 US Rep 0.00 0.01 6.96 273.90 Toledo El. -0.12 6.84 269.23 -0.47 5.61 220.81 TRANSFER Sarnia -0.90 6.06 238.47 -0.95 5.13 201.76 Pt. Stanley -1.02 5.94 233.75 -1.08 5.00196 2/3 Hamilton N/A -0.88 5.20204 1/2 MID SD CRN -0.90 6.05 3/4 HI SD CRN -0.90 6.05 3/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9885 down 0.0018 Chicago soybeans closed moderately lower. MAR11 HI 14.24 3/4 NOV11 HI 13.88 3/4 LOW 14 LOW 13.60 3/4 CLOSE14.02 3/4 Down 13 1/4 CLOSE 13.65 1/2 Down 14 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL11 CK Low -1.16 12.87 472.80-1.33 12.33 452.87 CK High -1.12 12.91 474.27-1.25 12.41 455.81 CK Average -1.14 -0.9912.89 473.53-1.29-1.1812.37 454.34 Essex Cty -1.10 12.93 475.00-1.27 12.39 455.07 Mdsx Low -1.15 12.88 473.17-1.35 12.31 452.13 Mdsx High -1.11 12.92 474.64-1.32 12.34 453.23 Mdsx Average -1.13 -0.9812.90 473.90-1.34-1.2312.32 452.62 Hensall -1.15 12.88 473.17-1.35 12.31 452.13 Bruce -1.15 12.88 473.17-1.35 12.31 452.13 Putnam -1.15 12.88 473.17-1.40 12.26 450.29 Princeton -1.06 12.97 476.47-1.27 12.39 455.07 Durham -1.20 12.83 471.33-1.36 12.30 451.76 Norfolk -1.11 12.92 474.64-1.29 12.37 454.34 Trenton -1.35 12.68 465.82-1.25 12.41 455.81 Winchester -1.16 12.87 472.80-1.13 12.53 460.21 North Gower -0.70 13.33 489.70-0.70 12.96 476.01 Huron FOB -1.00 13.03 478.68-1.25 12.41 455.81 Kent FOB -1.16 12.87 472.80-1.35 12.31 452.13 Lambton FOB -1.16 12.87 472.80-1.35 12.31 452.13 Middlesex FOB-0.93-0.93-0.88 N/A 13.10 481.25-0.98 12.68 465.73 PROCESSORS Hamilton -0.80-0.75-0.65-0.60 13.23 486.03-0.60 13.06 479.69 Windsor -0.60-0.60-0.69-0.69 13.43 493.38-0.81 12.85 471.97 Winchester -1.01 13.02 478.31-0.99 12.67 465.36 TRANSFER Hamilton -0.70 N/A N/A N/A 13.33 489.70-0.70 12.96 476.01 Pt. Stanley -1.35 12.68 465.82-1.15 12.51 459.48 Sarnia -0.85 13.18 484.19-0.76 12.90 473.81 Owen Sound N/A N/A Sorel QC -0.40 13.63 500.72-0.35 13.31 488.88 Toledo El. -0.23 13.80 507.06-0.53 13.13 482.42 Bank of Canada Noon exchange rate was 0.9885 down 0.0018 Chicago wheat closed slightly higher. MAR11 HI 8.84 3/4 JUL11 HI 9.41 1/2 LOW 8.69 1/2 LOW 9.28 1/2 CLOSE 8.72 Up 5 CLOSE 9.31 Up 5 1/2 Minni wheat closed slightly lower. MAR11 HI 10.38 1/2 SEP11 HI 10.51 1/2 LOW 10.11 3/4 LOW 10.25 CLOSE 10.13 Down 4 3/4 CLOSE 10.26 3/4 Down 7 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.69 -0.29 -0.69 -0.61 CAD $/bu 8.03 8.43 8.03 9.52 CAD $/tonne 295.08 309.62 295.08 349.96 Direct MarkHarvest 2010 Harvest 2011 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A -0.80 -1.15 N/A N/A -1.30 -2.15 N/A London -0.85 -0.85 -1.14 N/A -1.27 -1.27 -2.16 N/A Hensall -0.70 N/A -1.05 N/A -1.20 N/A -2.15 N/A Trenton N/A N/A N/A N/A N/A N/A -2.00 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -1.30 Essex N/A N/A -1.19 N/A N/A N/A -2.30 N/A Norwich -0.70 N/A -1.05 N/A -1.10 N/A -2.15 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.70 N/A -1.05 N/A -1.10 N/A -2.15 N/A Chatham N/A -0.80 -1.09 N/A N/A -1.35 -2.19 N/A Brigden N/A -0.80 -1.09 N/A N/A -1.35 -2.19 N/A Palmerston N/A -0.84 -1.44 -0.56 N/A -1.34 -2.37 -1.04 Mitchell -0.70 -0.60 -1.05 N/A -1.20 -1.25 -2.15 N/A Thornton N/A N/A N/A -1.32 N/A N/A N/A -1.78 North Gower N/A N/A N/A N/A N/A N/A N/A -1.20 TERMINAL Sarnia -0.83 -0.29 -0.69 N/A -1.16 -0.92 -1.81 N/A Hamilton N/A N/A -0.55 N/A N/A N/A -1.35 N/A Pt. Stanley N/A N/A -1.00 N/A N/A N/A -1.80 N/A PROCESSORS Toledo FM N/A 0.70 -0.29 N/A 0.17 0.12 -0.67 N/A Toledo El. 8.49US 8.40CA 8.58US 8.51CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.17 -0.82 -1.71 -1.07 CAD $/bu 8.14 8.49 7.60 9.19 CAD $/tonne 299.27 312.03 279.22 337.82 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 288.00 - 295.00 Bayport Oats 320.00 Bayport Barley 257.00 FOB Hm Soymeal 404.00 - 409.52 DDG's FOB Srn, Wndr, Aylm 190.00 - 215.00